How to Finance a Storm Shelter in Oklahoma


A storm shelter is one of those must-haves when living in Oklahoma, but it’s not always easy to fit into a budget.

Our storm shelters range from $2,750-4,000, depending on which style you choose and if you want your dirt hauled off.

We have partnered with True Sky Credit Union to offer our customers headache-free financing.

Headache-free Storm Shelter Financing

True Sky Credit Union has been financing storm shelters for our customers for over 4 years now. The convenience, customer service and low interest rates are what make this credit union the best choice in financing for our customers.

Applying for a Storm Shelter Loan

Applying for storm shelter financing is easy and can all conveniently be done online. Of course, you can still apply in person at any branch, but if your schedule is a busy one, nothing beats the convenience of taking care of everything digitally.

Storm Shelter Loan Approval

Once your application has been received, a loan officer will contact you. It seems to happen almost immediately or within just a few minutes if done during normal business hours. The loan officer will then let you know if your loan has been approved and what the next step is.

You will need a contract from us to give to your loan officer. This will have all of our information on it, plus the price of the storm shelter you have selected. If we know ahead of time that you are applying for financing, we can get this form ready for you so you’ll have it before they ask.

In most cases, all of the loan documents can be signed electronically, which adds even more convenience. If you do end up needing to visit a branch, there are locations all over the OKC Metro, click here to find the nearest branch to you.

Once the loan has been approved and documents have been signed, the loan officer will issue you a check made out to Sprague’s Backhoe in the dollar amount of your storm shelter and you will give it to Jack when he finishes installing your shelter. We do not require a down payment or pre-payment.

Storm Shelter Loan APR & Repayment

Currently, True Sky Credit Union is offering 2.99% APR for 36 months on storm shelter loans. Credit restrictions apply & rates are subject to change at any time.

Repayment example: 36 monthly payments of $29.08 for every $1,000 financed.

For the 6×8 slope front storm shelter at $2,750, your payment would be approximately $80/month.

For the 6×8 flat top storm shelter at $3,850, your payment would be approximately $112/month.

Visit True Sky Credit Union to see current rates and repayment terms.

How did you pay for your storm shelter? Tell us in a comment below!

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